rypto news today: Bitcoin bulls eye $100K breakout; SUI, AVAX charts show potential
Bitcoin gained over 10% this week, testing key resistance near $95,000 amid strong buying.
US Spot Bitcoin ETFs saw massive $3.06 billion weekly inflows, signaling renewed institutional interest.
Avalanche (AVAX) consolidates near $23.50 resistance; a breakout could target $31.73 (double-bottom).
Bitcoin demonstrated renewed strength this week, posting gains of over 10% as determined buyers pushed the price back towards the significant overhead resistance level near $95,000.
While consolidating below this key hurdle, the fact that buyers haven’t ceded significant ground suggests underlying bullish conviction, further supported by robust institutional inflows and optimistic analyst projections.
Bitcoin gained over 10% this week, testing key resistance near $95,000 amid strong buying.
US Spot Bitcoin ETFs saw massive $3.06 billion weekly inflows, signaling renewed institutional interest.
Avalanche (AVAX) consolidates near $23.50 resistance; a breakout could target $31.73 (double-bottom).
Bitcoin demonstrated renewed strength this week, posting gains of over 10% as determined buyers pushed the price back towards the significant overhead resistance level near $95,000.
While consolidating below this key hurdle, the fact that buyers haven’t ceded significant ground suggests underlying bullish conviction, further supported by robust institutional inflows and optimistic analyst projections.
World Liberty Financial founders meet Binance’s CZ to discuss global crypto expansion
World Liberty Financial founders met with Binance co-founder Changpeng Zhao to discuss ways to grow crypto adoption and set new industry standards.
Announced on Apr. 27 via a post on X, WLFI said its founders Zach Witkoff, Zak Folkman, and Chase Herro sat down with CZ in Abu Dhabi to discuss growing global adoption and the next steps for crypto innovation.
The meeting is part of WLFI’s ongoing strategy to penetrate new markets. As no direct funding announcements or new token issuances have been made public, the meeting’s immediate results are still unknown.
World Liberty Financial founders met with Binance co-founder Changpeng Zhao to discuss ways to grow crypto adoption and set new industry standards.
Announced on Apr. 27 via a post on X, WLFI said its founders Zach Witkoff, Zak Folkman, and Chase Herro sat down with CZ in Abu Dhabi to discuss growing global adoption and the next steps for crypto innovation.
The meeting is part of WLFI’s ongoing strategy to penetrate new markets. As no direct funding announcements or new token issuances have been made public, the meeting’s immediate results are still unknown.
Bitcoin acts like ‘store of value that it is’ amid Trump policy chaos: NYDIG
Bitcoin’s decoupling from traditional risk assets is “still very early and fragile,” but the shift is “palpable,” says NYDIG’s Greg Cipolaro.
Bitcoin is starting to act as a store of value during times of “US-risk-off” sentiment, marking a potential shift in its relationship with traditional assets, according to the New York Digital Investment Group.
Bitcoin felt “noticeably different” over the trading week ended April 25, NYDIG’s global head of research Greg Cipolaro said in an April 25 market note.
“We’ve been observing subtle shifts in its behavior over the past few weeks,” he added. “The decoupling from traditional risk assets is still very early and fragile, but for those watching crypto markets 24/7, the shift is palpable.”
Bitcoin’s decoupling from traditional risk assets is “still very early and fragile,” but the shift is “palpable,” says NYDIG’s Greg Cipolaro.
Bitcoin is starting to act as a store of value during times of “US-risk-off” sentiment, marking a potential shift in its relationship with traditional assets, according to the New York Digital Investment Group.
Bitcoin felt “noticeably different” over the trading week ended April 25, NYDIG’s global head of research Greg Cipolaro said in an April 25 market note.
“We’ve been observing subtle shifts in its behavior over the past few weeks,” he added. “The decoupling from traditional risk assets is still very early and fragile, but for those watching crypto markets 24/7, the shift is palpable.”
Solana Could Dominate Markets Next Month, Says Top Analyst
Daily price action in the SOL/BTC pair is beginning to paint a sharply different picture from the one that dominated the first quarter, according to a chart shared on Sunday by veteran trader Josh Olszewicz.
The one-day chart sets out a textbook inverse-head-and-shoulders (iHS) basing pattern that has been forming since early March and is now approaching the neckline around 0.00162 BTC. At the time of the screenshot, SOL was quoted at 0.001588 BTC. With bitcoin changing hands near $94,765, that places Solana at roughly $150 per coin.
Daily price action in the SOL/BTC pair is beginning to paint a sharply different picture from the one that dominated the first quarter, according to a chart shared on Sunday by veteran trader Josh Olszewicz.
The one-day chart sets out a textbook inverse-head-and-shoulders (iHS) basing pattern that has been forming since early March and is now approaching the neckline around 0.00162 BTC. At the time of the screenshot, SOL was quoted at 0.001588 BTC. With bitcoin changing hands near $94,765, that places Solana at roughly $150 per coin.
BONK’s futures open interest tripled over the past week as Solana-based memecoins saw an influx of investors.
Key takeaways:
BONK price is up 73% since April 22, hitting a five-month high of $0.00002167.
BONK’s open interest surged 290% to $43.2 million.
the second-largest Solana-based memecoin by market capitalization, is on track to continue the recovery it began on April 22. BONK has climbed approximately 73% from its April 22 low of around $0.00001247, bringing its price up to an intraday high of $0.00002167 on April 28.
Data from Cointelegraph Markets Pro and TradingView shows BONK trading at $0.00001923, up 3% over the 24 hours and 60% over the last seven days.
Key takeaways:
BONK price is up 73% since April 22, hitting a five-month high of $0.00002167.
BONK’s open interest surged 290% to $43.2 million.
the second-largest Solana-based memecoin by market capitalization, is on track to continue the recovery it began on April 22. BONK has climbed approximately 73% from its April 22 low of around $0.00001247, bringing its price up to an intraday high of $0.00002167 on April 28.
Data from Cointelegraph Markets Pro and TradingView shows BONK trading at $0.00001923, up 3% over the 24 hours and 60% over the last seven days.
Dogecoin Price Pegged At $3.6 As These Bullish Factors Line Up
The Dogecoin price could be getting ready for a major breakout as technical and macroeconomic indicators line up for a potential bullish rally. Despite recording major declines over the past few months, a crypto analyst has projected that Dogecoin may be targeting a new all-time high of $3.6.
Dogecoin Price Headed For $3.6 Breakout
A fresh macro chart analysis highlights a strong setup for a Dogecoin price surge to $3.6. Historically, DOGE’s price action has followed a pattern of experiencing long periods of consolidation within Descending Wedge patterns and falling channels before erupting into explosive price moves.
The Dogecoin price could be getting ready for a major breakout as technical and macroeconomic indicators line up for a potential bullish rally. Despite recording major declines over the past few months, a crypto analyst has projected that Dogecoin may be targeting a new all-time high of $3.6.
Dogecoin Price Headed For $3.6 Breakout
A fresh macro chart analysis highlights a strong setup for a Dogecoin price surge to $3.6. Historically, DOGE’s price action has followed a pattern of experiencing long periods of consolidation within Descending Wedge patterns and falling channels before erupting into explosive price moves.
Bitcoin mining pushes sustainability agenda with over 50% of energy generated from renewables
Despite the increase in annual electricity consumption, hydropower and wind accounted for over half of the amount of the electricity in the last year.
Sustainable energy accounts for more than half of Bitcoin (BTC) mining consumption as of the first quarter, according to the Cambridge Centre for Alternative Finance’s Digital Mining Industry Report.
Despite higher energy consumption, the industry’s reliance on sustainable energy increased, and operational metrics indicated a push toward long-term resilience through diversification and innovation.
Estimated annual electricity consumption for Bitcoin mining rose to 138 terawatt-hours (TWh), marking a 17% year-over-year increase. Greenhouse gas emissions associated with mining reached 39.8 Million Tons of CO₂e, accounting for 0.08% of global emissions.
Despite the increase in annual electricity consumption, hydropower and wind accounted for over half of the amount of the electricity in the last year.
Sustainable energy accounts for more than half of Bitcoin (BTC) mining consumption as of the first quarter, according to the Cambridge Centre for Alternative Finance’s Digital Mining Industry Report.
Despite higher energy consumption, the industry’s reliance on sustainable energy increased, and operational metrics indicated a push toward long-term resilience through diversification and innovation.
Estimated annual electricity consumption for Bitcoin mining rose to 138 terawatt-hours (TWh), marking a 17% year-over-year increase. Greenhouse gas emissions associated with mining reached 39.8 Million Tons of CO₂e, accounting for 0.08% of global emissions.
Mastercard links with Circle, Paxos for merchant stablecoin payments
Mastercard also partnered with OKX for a crypto-enabled bank card, which Mastercard product chief, Jorn Lambert, said creates a “360-degree approach” to stablecoins.
Mastercard says it will allow merchants across its network to be paid with stablecoins in a partnership with payment processor Nuvei and stablecoin issuers Circle and Paxos.
Through the venture, 150 million merchants across the Mastercard network will now have the option to receive payments in stablecoins, regardless of how a customer pays, Mastercard said on April 28.
The payments giant also partnered with crypto exchange OKX for a crypto-enabled bank card, which Mastercard product chief Jorn Lambert said creates a “360-degree approach” where consumers can spend stablecoins and merchants can receive them.
Mastercard also partnered with OKX for a crypto-enabled bank card, which Mastercard product chief, Jorn Lambert, said creates a “360-degree approach” to stablecoins.
Mastercard says it will allow merchants across its network to be paid with stablecoins in a partnership with payment processor Nuvei and stablecoin issuers Circle and Paxos.
Through the venture, 150 million merchants across the Mastercard network will now have the option to receive payments in stablecoins, regardless of how a customer pays, Mastercard said on April 28.
The payments giant also partnered with crypto exchange OKX for a crypto-enabled bank card, which Mastercard product chief Jorn Lambert said creates a “360-degree approach” where consumers can spend stablecoins and merchants can receive them.
Major Ripple ETF Update: Watch This Date if You Hold XRP
One popular research analyst provided vital information regarding the three recently-approved XRP ETFs.
TL;DR
Despite the excitement surrounding ProShares’s approved futures XRP ETFs, Bloomberg’s James Seyffart clarified that there is no confirmed launch date yet.
US investors await a spot XRP ETF, with prominent names like Grayscale, Franklin Templeton, and Bitwise pushing for a green light.
Not so Fast?
Ripple took center stage recently due to the three approved XRP exchange-traded funds (ETFs) in the United States. The products in question are the Ultra XRP ETF, Short XRP ETF, and Ultra Short XRP ETF, all coming from ProShares.
The news triggered a solid price uptick for the underlying cryptocurrency, while the official launch was supposedly set for April 30.
One popular research analyst provided vital information regarding the three recently-approved XRP ETFs.
TL;DR
Despite the excitement surrounding ProShares’s approved futures XRP ETFs, Bloomberg’s James Seyffart clarified that there is no confirmed launch date yet.
US investors await a spot XRP ETF, with prominent names like Grayscale, Franklin Templeton, and Bitwise pushing for a green light.
Not so Fast?
Ripple took center stage recently due to the three approved XRP exchange-traded funds (ETFs) in the United States. The products in question are the Ultra XRP ETF, Short XRP ETF, and Ultra Short XRP ETF, all coming from ProShares.
The news triggered a solid price uptick for the underlying cryptocurrency, while the official launch was supposedly set for April 30.
Top 10 Altcoins to Look Up in May- BONK, XMR, SEI, TAO & a Few More May Lead the AltSeason
The beginning of the second quarter was pretty bullish for the entire crypto space, with the Bitcoin price surging above the consolidated zone. This move triggered many altcoins, with Fartcoin rising over 180% in a month, followed by Virtual Protocol at 140% and Pudgy Penguins at 100%. Apart from these tokens, here are the top 10 altcoins that have gained massive social dominance along with a bullish price performance. They are,
Bonk (BONK)
Monero (XMR)
Sei (SEI)
Bittensor (TAO)
Near Protocol (NEAR)
Render (RENDER)
Algorand (ALGO)
Polkadot (DOT)
XDC Network (XDC)
Aptos (APT)
The beginning of the second quarter was pretty bullish for the entire crypto space, with the Bitcoin price surging above the consolidated zone. This move triggered many altcoins, with Fartcoin rising over 180% in a month, followed by Virtual Protocol at 140% and Pudgy Penguins at 100%. Apart from these tokens, here are the top 10 altcoins that have gained massive social dominance along with a bullish price performance. They are,
Bonk (BONK)
Monero (XMR)
Sei (SEI)
Bittensor (TAO)
Near Protocol (NEAR)
Render (RENDER)
Algorand (ALGO)
Polkadot (DOT)
XDC Network (XDC)
Aptos (APT)
Cardano ‘Looks Dope,’ Analyst Predicts Big Move Soon
Cardano (ADA) is hovering at $0.71, but the weekly structure that veteran chartist Maelius (@MaeliusCrypto) published on X suggests that the lull may be only a pause before the next leg higher. The analyst’s chart compresses seven years of ADA/USD history into one pane and shows that – despite a 45 % retracement from the late-2024 peak – the coin has not violated the rising dashed trend-line that has connected every cycle low since the 2020 Covid panic.
Cardano Price Ready For Liftoff?
In fact, the most recent dip stopped inside a long-standing demand band that now stretches from roughly $0.57 to $0.78 and immediately printed a textbook higher low (HL) while never closing a week beneath that dynamic support. Price action is again trading above the 50-week exponential moving average, currently near $0.66, after reclaiming it with two decisive green candles.
Cardano (ADA) is hovering at $0.71, but the weekly structure that veteran chartist Maelius (@MaeliusCrypto) published on X suggests that the lull may be only a pause before the next leg higher. The analyst’s chart compresses seven years of ADA/USD history into one pane and shows that – despite a 45 % retracement from the late-2024 peak – the coin has not violated the rising dashed trend-line that has connected every cycle low since the 2020 Covid panic.
Cardano Price Ready For Liftoff?
In fact, the most recent dip stopped inside a long-standing demand band that now stretches from roughly $0.57 to $0.78 and immediately printed a textbook higher low (HL) while never closing a week beneath that dynamic support. Price action is again trading above the 50-week exponential moving average, currently near $0.66, after reclaiming it with two decisive green candles.
Bittensor’s 66% monthly rally – Now, 2 factors that can propel TAO past $450
Bittsensor’s ecosystem upgrade can be the start of another TAO run.
TAO’s new token system allows users to actively participate in the governance system by staking the asset.
The community stays positive on TAO’s upward trajectory, which could help the asset.
Press-time data showed Bittensor [TAO] making an upward move to the high region as it gained 2.64%. This recent move comes amid the asset’s 17.78% rally in the past week.
Market analysis shows that community interest in TAO aligns with its ecosystem update, adding to the potential for a major market rally.
Ecosystem update turns out positive
The market sentiment for TAO has remained bullish following the implementation of its dTAO upgrade, which essentially gave Bittensor network users the ability to vote, improving governance efficiency.
Bittsensor’s ecosystem upgrade can be the start of another TAO run.
TAO’s new token system allows users to actively participate in the governance system by staking the asset.
The community stays positive on TAO’s upward trajectory, which could help the asset.
Press-time data showed Bittensor [TAO] making an upward move to the high region as it gained 2.64%. This recent move comes amid the asset’s 17.78% rally in the past week.
Market analysis shows that community interest in TAO aligns with its ecosystem update, adding to the potential for a major market rally.
Ecosystem update turns out positive
The market sentiment for TAO has remained bullish following the implementation of its dTAO upgrade, which essentially gave Bittensor network users the ability to vote, improving governance efficiency.
Ethena Labs partners with TON to integrate USDe into Telegram ecosystem
Ethena partners with TON to offer 10% APY bonus on tsUSDe holdings via Telegram wallets.
Ethena Labs, the team behind the synthetic dollar USDe, has announced a strategic partnership with the TON blockchain.
According to a May 1 statement, this move brings both USDe and its yield-generating counterpart, sUSDe, directly into the Telegram ecosystem.
Ethena said:
“This represents one of Ethena’s most meaningful launches to date. [Telegram] Users within [in emerging countries] can now all benefit from a globally accessible dollar savings vehicle via Ethena’s USDe right within their Telegram app.”
Ethena partners with TON to offer 10% APY bonus on tsUSDe holdings via Telegram wallets.
Ethena Labs, the team behind the synthetic dollar USDe, has announced a strategic partnership with the TON blockchain.
According to a May 1 statement, this move brings both USDe and its yield-generating counterpart, sUSDe, directly into the Telegram ecosystem.
Ethena said:
“This represents one of Ethena’s most meaningful launches to date. [Telegram] Users within [in emerging countries] can now all benefit from a globally accessible dollar savings vehicle via Ethena’s USDe right within their Telegram app.”
Visa to Introduce First Stablecoin Cards Soon. This Crypto Wallet Token Could Explode
Payments giant Visa is transforming finance by partnering with Stripe’s Bridge to pilot stablecoin-linked cards in Latin America.
The push towards real-world crypto utility aligns with the vision for Best Wallet Token’s ($BEST) ecosystem, particularly its planned Best Card feature designed for seamless crypto transactions.
As the market embraces easier ways to use digital assets, integrated solutions like the one promised by $BEST will likely attract significant user interest.
Payments giant Visa is transforming finance by partnering with Stripe’s Bridge to pilot stablecoin-linked cards in Latin America.
The push towards real-world crypto utility aligns with the vision for Best Wallet Token’s ($BEST) ecosystem, particularly its planned Best Card feature designed for seamless crypto transactions.
As the market embraces easier ways to use digital assets, integrated solutions like the one promised by $BEST will likely attract significant user interest.
Bitcoin is hovering near $95K, but the real action is shifting elsewhere.
A shiny metal ball of near-limitless power is soon coming to transform your life if you live in the following US cities:
Atlanta
Austin
Los Angeles
Miami
Nashville
San Francisco
No, it’s not sci-fi. Well, it might be – but in this case, it’s science fiction come to life, courtesy of Sam Altman or Sammy, as we like to call him.
The OpenAI CEO and ChatGPT creator has been working on a controversial crypto project for years.
He’s now ready to start manufacturing orbs – shiny metal globes, which are key to his plan to tokenize personal IDs.
And whether or not his plans succeed, the World crypto project is part of a wave of AI crypto initiatives that are drawing headlines and driving a surge in the market.
A shiny metal ball of near-limitless power is soon coming to transform your life if you live in the following US cities:
Atlanta
Austin
Los Angeles
Miami
Nashville
San Francisco
No, it’s not sci-fi. Well, it might be – but in this case, it’s science fiction come to life, courtesy of Sam Altman or Sammy, as we like to call him.
The OpenAI CEO and ChatGPT creator has been working on a controversial crypto project for years.
He’s now ready to start manufacturing orbs – shiny metal globes, which are key to his plan to tokenize personal IDs.
And whether or not his plans succeed, the World crypto project is part of a wave of AI crypto initiatives that are drawing headlines and driving a surge in the market.
Best AI Crypto Coins to Invest In as ChatGPT Creator Launches World Crypto Project
Bitcoin is hovering near $95K, but the real action is shifting elsewhere.
A shiny metal ball of near-limitless power is soon coming to transform your life if you live in the following US cities:
Atlanta
Austin
Los Angeles
Miami
Nashville
San Francisco
No, it’s not sci-fi. Well, it might be – but in this case, it’s science fiction come to life, courtesy of Sam Altman or Sammy, as we like to call him.
The OpenAI CEO and ChatGPT creator has been working on a controversial crypto project for years.
Bitcoin is hovering near $95K, but the real action is shifting elsewhere.
A shiny metal ball of near-limitless power is soon coming to transform your life if you live in the following US cities:
Atlanta
Austin
Los Angeles
Miami
Nashville
San Francisco
No, it’s not sci-fi. Well, it might be – but in this case, it’s science fiction come to life, courtesy of Sam Altman or Sammy, as we like to call him.
The OpenAI CEO and ChatGPT creator has been working on a controversial crypto project for years.
Bitcoin Dominance Hits Four-Year High As BTC Price Tops $97,000
Bitcoin dominance is up to 64.89%, up from around 57.9% at the start of the year, as its price inches closer to $100,000.
Bitcoin’s dominance of the cryptocurrency market reached 64.89% today, its highest level since January 2021, as the price of Bitcoin topped $97,000 Friday morning.
BTC’s dominance—its capitalization as a percentage of the entire market’s cap—has risen from around 57.90% at the start of the year, according to TradingView data.
It had dropped to 55% by early December, as euphoria following Donald Trump’s election victory pushed altcoin prices to new highs.
Bitcoin dominance is up to 64.89%, up from around 57.9% at the start of the year, as its price inches closer to $100,000.
Bitcoin’s dominance of the cryptocurrency market reached 64.89% today, its highest level since January 2021, as the price of Bitcoin topped $97,000 Friday morning.
BTC’s dominance—its capitalization as a percentage of the entire market’s cap—has risen from around 57.90% at the start of the year, according to TradingView data.
It had dropped to 55% by early December, as euphoria following Donald Trump’s election victory pushed altcoin prices to new highs.
Ethereum L2 Aztec Launches Public Testnet to Make Privacy ‘the Norm, not the Exception’
After eight years of development, the a16z-backed Layer 2 protocol has launched its testnet.
Blockchain developer Aztec Network officially launched its public testnet yesterday, May 1, for its Ethereum-based Layer 2 (L2), introducing what the team calls the “first fully programmable privacy solution” for blockchain.
The testnet lets developers begin building decentralized applications (dApps) with customizable privacy features that integrate directly with Ethereum’s infrastructure, according to a press release viewed by The Defiant.
This milestone follows eight years of development, a $100 million Series B led by a16z crypto, and successful trials involving over 100 sequencers across Aztec’s DevNet and ProverNet.
After eight years of development, the a16z-backed Layer 2 protocol has launched its testnet.
Blockchain developer Aztec Network officially launched its public testnet yesterday, May 1, for its Ethereum-based Layer 2 (L2), introducing what the team calls the “first fully programmable privacy solution” for blockchain.
The testnet lets developers begin building decentralized applications (dApps) with customizable privacy features that integrate directly with Ethereum’s infrastructure, according to a press release viewed by The Defiant.
This milestone follows eight years of development, a $100 million Series B led by a16z crypto, and successful trials involving over 100 sequencers across Aztec’s DevNet and ProverNet.
Brown University Bets on Bitcoin With Millions Worth of BlackRock ETF Shares
Rhode Island-based Ivy League institution Brown University is now holding exposure to Bitcoin via BlackRock's ETF.
In brief
Brown University reported exposure to nearly $5 million worth of Bitcoin via ETF shares.
The university had 105,000 shares of BlackRock's IBIT ETF as of March 31.
The Ivy League’s Brown University has millions of dollars' worth of Bitcoin exposure via BlackRock’s iShares Bitcoin Trust ETF (IBIT) ETF, according to a new 13F-HR filing with the SEC.
Rhode Island-based Ivy League institution Brown University is now holding exposure to Bitcoin via BlackRock's ETF.
In brief
Brown University reported exposure to nearly $5 million worth of Bitcoin via ETF shares.
The university had 105,000 shares of BlackRock's IBIT ETF as of March 31.
The Ivy League’s Brown University has millions of dollars' worth of Bitcoin exposure via BlackRock’s iShares Bitcoin Trust ETF (IBIT) ETF, according to a new 13F-HR filing with the SEC.
Altcoin season soon: Pepe, Solaxy, and Pepeto could be the next 1000x meme coins
Market Sentiment Turns Positive as Bitcoin Climbs and Fear & Greed Index Rises
Crypto market sentiment is showing clear signs of optimism as the Fear & Greed Index moves higher — a signal that investor confidence is growing. This index, widely used to gauge emotional sentiment in the crypto space, helps traders assess the overall mood of the market. An upward shift often correlates with stronger buying interest and a more bullish outlook.
At the same time, Bitcoin has broken past the $94,000 resistance level and is heading toward its all-time high. Historically, moments like this mark the beginning of altcoin season, as liquidity begins shifting from BTC into the broader altcoin market. During these cycles, memecoins have repeatedly delivered some of the biggest gains, often outperforming more established tokens.
Market Sentiment Turns Positive as Bitcoin Climbs and Fear & Greed Index Rises
Crypto market sentiment is showing clear signs of optimism as the Fear & Greed Index moves higher — a signal that investor confidence is growing. This index, widely used to gauge emotional sentiment in the crypto space, helps traders assess the overall mood of the market. An upward shift often correlates with stronger buying interest and a more bullish outlook.
At the same time, Bitcoin has broken past the $94,000 resistance level and is heading toward its all-time high. Historically, moments like this mark the beginning of altcoin season, as liquidity begins shifting from BTC into the broader altcoin market. During these cycles, memecoins have repeatedly delivered some of the biggest gains, often outperforming more established tokens.